Suppose the Economy Goes from a Point on Its Production

question 19

Multiple Choice

Suppose the economy goes from a point on its production possibilities frontier (PPF) to a point below that PPF.Assuming that the PPF has not shifted,this could be due to

• A) a gain of resources.
• B) a loss of resources.
• C) technological improvement in the production of both goods.
• D) a new law that interferes with productive efficiency.

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